Americas Archive

January 17, 2014

TeraExchange inks European IDB deal for SEF certainty

New entrant swap execution facility TeraExchange has entered an agreement with European inter-dealer brokers to provide swap execution certainty for counterparties wishing to meet US regulation. read more>

January 16, 2014

Nasdaq options glitch highlights need for faster technology

A Friday data error that stalled trading in some instruments on the Nasdaq Options Market is a signal of faster trading requirements in the US options market, which may see such glitches become commonplace, one options exchange expert has said. read more>

January 15, 2014

SIFMA warns of Volcker fragmentation

The Securities Industry and Financial Markets Association has voiced concerns the Volcker rule will introduce unintended consequences into the market due to the fragmented nature of its development across regulators. read more>

January 15, 2014

New venue could reform Canadian market, says ITG

A proposed equity trading venue awaiting regulatory approval, named Aequitas, could spur significant market structure changes in Canada, agency broker ITG has stated in a report. read more>

January 15, 2014

BNP Paribas Securities Services to offer collateral services in North America

BNP Paribas Securities Services to offer collateral services in North America

Alexandra Ricciardi has been hired by BNP Paribas Securities Services to extend the global custodian’s collateral management services to the US and Canadian markets. read more>

January 14, 2014

Traiana unveils SEF data reconciliation service

Post-trade processing firm Traiana has teamed up with technology provider Duco to offer a new service reconciling reference data from clearing houses, swap execution facilities, futures commission merchants, swap data repositories and buy-side firms ahead of mandatory trading on SEFs. read more>

January 13, 2014

SEC to focus on algos and broker-dealer ATS activity in 2014

The Securities and Exchange Commission will focus on algorithmic trading strategies and how broker-dealers interact with alternative trading systems amongst a list of 2014 priorities, it has said. read more>

January 13, 2014

Bumper year expected for US equities

Strong US equity market performance throughout 2013 bodes well for the next twelve months, but key issues will dictate how the market develops. read more>

January 10, 2014

Direct Edge extends trading error submission deadline

US market operator Direct Edge has amended the rules by which participants can apply for reimbursement when an error occurs in the routing or executing of a trade due to exchange errors. read more>

January 10, 2014

MAT all clear but CFTC leadership shuffle could hit market

MAT all clear but CFTC leadership shuffle could hit market

The Commodity Futures Trading Commission is expected to pass all ‘made available to trade’ filings for new swap execution facilities, but uncertainty around leadership could affect the initial period of mandatory trading on the new platforms. read more>